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Posts By PYMNTS
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1.2KDisbursementsThe Instant Payments Divide: How Lenders Can Use Disbursements To Create Lasting Trust
The lending industry was hit hard during the pandemic’s early months, with many banks and traditional lenders rapidly adjusting their standards and...
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969PersonnelSynchrony’s Margaret Keane Moves To Exec Chair Of Board; Brian Doubles Now CEO
Consumer financial services firm Synchrony has announced several leadership changes as CEO Margaret Keane migrates from her role to executive chair of...
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1.6KPayment MethodsCheckout Conversion Upgrades Beat COVID Chaos For Many In 2020
We needn’t recap the worst of 2020 again. Suffice to say it was bad. Commerce waits for nothing and no one, however,...
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1.4KB2B PaymentsInvestment Managers Grapple With A Convergence Of Finance And Compliance
Juggling financial workflows is often an area of significant friction for any young business, with digital solutions opening up new avenues to...
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1.5KB2B PaymentsOpen Banking Matures As FIs Eye Commercialization
More jurisdictions around the world are making headway in their open banking plans, and as this week's roundup reveals, markets' initiatives are...
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1.6KPayment MethodsLondon FinTech Curve Notches $95 Million Series C For US Expansion
London-based FinTech startup Curve has raised $95 million in Series C funding led by IDC Ventures, Fuel Venture Capital, and the investment...
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2.3KRetailPandemic Fuels Highest Demand For Personal Computers In 10 Years
The COVID-19 pandemic is fueling a shift from mobile devices as personal computers (PCs) close 2020 with the biggest sales numbers in...
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1.8KPersonnelTrulioo Names Matt Schatz As Chief Revenue Officer
Global identity verification company Trulioo said Tuesday (Jan. 12) that Matt Schatz will serve as its chief revenue officer. Schatz will report...
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2.8KPayment MethodsDigital Shift Leads Mastercard To Take Contactless Payments To The Cloud
If the sky’s the limit for contactless payments, which the pandemic has certainly shown, and if the technology is deployed across mobile...
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2.8KDigital OnboardingCargomatic Taps Geocoding To Avert Last-Mile Delivery Mistakes
Merchants that wish to avoid lost sales and unhappy customers must have the most up-to-date information for the final steps of delivery....
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2.0KDisbursementsIngo Money’s Edwards: Government Disbursement Modernization Depends On Digital Engagement
The federal government is not exactly the poster child for modern payments distribution. It’s a fact that the last year – and...
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2.4KB2B PaymentsVirtual Cards Drive Consumerization Of B2B Payments
Historically, corporate travel and expense (T&E) management has been viewed as an entirely separate function from other B2B payment workflows. With employees...
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2.6KInnovationNEW DATA: Even After Vaccine, 75 Pct Of US Consumers Still Want A Digital-First Shopping Experience
There are now roughly 6.7 million adults in the United States who have received the first dosage of the Pfizer BioNTech vaccine...
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2.1KInnovationMobileye Expands Self-Driving Vehicle Tests To Detroit, Tokyo, Paris, Shanghai
Intel subsidiary Mobileye is working on updates for its autonomous vehicle program, planning to launch test fleets in Detroit, Tokyo, Paris and...
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1.6KEarningsCarnival Reports $2.2 Billion Q4 Loss As US Cruises Stay Docked
Cruise ship operator Carnival is looking at a loss of $2.22 billion for the fourth quarter ending Nov. 30 because of the...
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2.2KPartnerships / AcquisitionsSnap To Buy Digital Mapping Startup StreetCred; Adds To Location Strategy
Snap, parent of social media company Snapchat, has bought New York City-based StreetCred, which is working on a platform for location data,...
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2.6KPayments As A ServicePayments as a Service, Ready for Prime Time?
These days, with the emergence of the cloud, open banking and application programming interfaces (APIs, the moniker “as-a-Service” applies to pretty much...
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3.3KBitcoinBitcoin Daily: Britain's Financial Regulator Warns Of Crypto Scams Offering High Returns
The U.K. Financial Conduct Authority (FCA) said new scams could end up having devastating effects on crypto investors, CoinDesk reported. According to...
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2.1KB2B PaymentsAbout 300 SMBs Received Less Than $99 In PPP
While the Paycheck Protection Program (PPP) was supposed to be a lifeline for struggling small- to medium-sized businesses (SMBs) during the pandemic,...
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1.8KB2B PaymentsRevolution Unveils Level 3 Processing For Salesforce Users
Revolution Payments has unveiled a Level III credit card processing offering for those who use Salesforce, according to a Monday (Jan. 11)...
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1.7KB2B PaymentsPorter Capital Offers New Funding Tools To PPP Recipients
Porter Capital, which works with accounts receivable (AR) financing and asset-based lending solutions, will provide more funding for businesses in need of...
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1.5KRetailMarie Kondo Joins Forces With The Container Store
Just in time for the resolution season, decluttering maven Marie Kondo has officially joined forces with The Container Store to help consumers...
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1.6KEarningsUS Banks' Q4 Profits May Drop Up To 40 Pct
When the largest banks in the U.S. start reporting fourth-quarter results, it is expected that profits will be down by as much...
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1.5KPoliticsRhode Island Governor Tapped As Biden’s Commerce Secretary
President-elect Joe Biden has tapped second-term Rhode Island Gov. Gina Raimondo, a former venture capitalist, to serve as commerce chief, according to...
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1.7KRetailGameStop Overhauls Board, Appoints Chewy Co-Founder
Video game retailer GameStop is overhauling its board of directors to focus on eCommerce and has appointed Chewy’s former CEO and co-founder Ryan...
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1.7KB2B PaymentsPilot Company, RTS Team On Fuel And Factoring For Fleets
To help trucking firms expand their businesses, Pilot Company and RTS Financial (RTS) have teamed up for a fuel and factoring partnership....
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2.1KInternationalPakistan Launches Payment System To Boost Financial Inclusion
Pakistan has debuted a government-run instant digital payment system to help with financial inclusion and government revenue, Reuters reports. Pakistan has the...
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3.3KWalmartWalmart Creates FinTech Startup
From big box retailer to payments provider — from consumer-focused behemoth to financial services juggernaut? Perhaps. Walmart announced Monday (Jan. 11) in...
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4.1KCoronavirusInstacart Leads Debate Over Gig Economy Employee Vaccine Eligibility
How much has grocery shopping changed since the pandemic started? There’s plenty of data from the consumer side as they have flocked...
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4.5KIPOAffirm Aims At Over $10 Billion Valuation In New IPO Filing
Buy now, pay later (BNPL) platform Affirm boosted the price range of its initial public offering (IPO), potentially raising $1.08 billion, according...
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9.5KRetailBen & Jerry's Rolls Out Frozen Dog Treats
Ben & Jerry's is debuting new Doggie Desserts products to offer frozen dog treats, CNBC reported. The treats will be made out...
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6.8KRegulationBig Tech Compliance Tracker: US Trade Rep Says Digital Taxes Discriminate Against US Firms; Facebook Removes ‘Likes’ From ‘Pages’
Here’s the latest news from the technology industry, which is coming under increasing global scrutiny from governments around the world. US Trade...
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4.0KAmazonParler Sues Amazon After Being Booted Off Cloud
Conservative social network Parler is suing Amazon after the eCommerce giant’s web services division abruptly pulled the plug on cloud hosting for...
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3.4KAcquiringEquifax Invests In Fraud Prevention And ID Verification With $640M Kount Deal
The great digital shift – and the rising tide of eCommerce – has placed greater pressure on companies to verify their customers...
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2.8KFaster PaymentsHow One Community Bank’s RTP Journey Offers A Path For Others
Legacy banks and financial institutions (FIs) keep scrambling to add new consumer-centric bank tech and digital experiences that layer sizzling consumerization onto...
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2.4KDigital BankingToday In Digital-First Banking: Revolut Seeks UK Financial Services License; Capital One Joins Fiserv’s MoneyPass ATM Network
In today’s top digital-first banking news, British challenger bank Revolut is seeking a U.K. financial services license, while Capital One has agreed...
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Day 1 Dawns For SMBs With PPP2
Two weeks after its 11th-hour passage by Congress, the second round of the Paycheck Protection Program (PPP) administered by the Small Business...
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2.2KBank RegulationChina Tightens Scrutiny Of Consumer Lending By Tech Giants
Ant Group, Tencent and JD.com are facing a crackdown by Beijing over concerns of over-lending to consumers through their platforms, a major...
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1.7KMobileSmartphone Shipments In China Fell 20 Pct In 2020
Shipments of smartphones in China tumbled 20 percent in 2020 as Chinese consumers continued to delay upgrading their phones. The number of...
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2.0KPartnerships / AcquisitionsNCR Looks To Buy ATM Operator Cardtronics For $1.7 Billion
Retail and hospitality technology firm NCR Corporation is looking to acquire ATM operator Cardtronics for $39 per share, or about $1.7 billion....
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2.4KRetailRebranded Citizens Pay Expands POS Merchant Services
Providence, Rhode Island-based Citizens Financial Group is advancing the reach of its national point-of-sale (POS) offering for merchants, renaming it Citizens Pay,...
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2.5KRetailStaples Makes Third Bid To Buy Office Depot For $2.1 Billion
Staples is hoping the third time’s the charm, as it seeks to buy rival Office Depot for a reported $2.1 billion. In...
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2.3KTravel PaymentsCrypto.com Teams Up With Booking.com On Travel Discount Deal
Crypto.com has put in an early bet that 2021 will see a rebound in the battered travel market. The Hong Kong-based cryptocurrency...
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2.2KMobileVirtual CES Doubles Down on 5G
If it feels like the rollout of 5G – or 5th generation – super high-speed wireless service has been in the works...
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2.5KB2B PaymentsToday In B2B: SBA Releases New PPP Loan Guidance; xSuite Secures Peppol Certification
Today in B2B payments, the SBA releases guidance for the next round of PPP loans, while xSuite secures Peppol invoice certification. Plus,...
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2.2KRetailToday In Retail: CarLotz Looks To Launch Hub Network; Build-A-Bear Anticipates eCommerce Jump
In today’s top retail news, CarLotz, Inc. unveiled plans to launch a nationwide hub network, while Build-A-Bear Workshop, Inc. anticipates a jump in...
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2.1KCryptocurrencyCryptocurrency Market Tumbles; Bitcoin Falls 12 Percent
The price of bitcoin kept going up and up and up for months — to a high of more than $40,000. Then,...
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2.0KBankingCapital One Joins Fiserv’s MoneyPass ATM Network
Capital One has signed on to join Fiserv’s surcharge-free MoneyPass ATM network. Under the deal, MoneyPass will be made available at over...
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1.8KRetailTrying To Reason With Returns Season: 51 Percent Of Consumers Would Keep Goods For Discounts
While early to mid-January is always the return season, this year has long been forecast to be a spot more active than its...
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1.4KToday In DataDigital Shifts In Entertainment, Retail Logistics And Dining
Family Video, America’s last major video rental store chain, plans to shutter all of its brick-and-mortar stores. In logistics, Amazon and Walmart are throwing everything from drones to driverless trucks into...
